Cost Optimization

• Includes the ability to run systems to deliver business value at the lowest price point

• Design Principles

  • Adopt a consumption mode - Pay only for what you use

  • Measure overall efficiency - Use CloudWatch

  • Stop spending money on data center operations - AWS does the infrastructure part and enables customers to focus on organization projects

  • Analyze and attribute expenditure - Accurate identification of system usage and costs, helps measure return on investment (ROI) - Make sure to use tags

  • Use managed and application-level services to reduce cost of ownership - As managed services operate at a cloud scale, they can offer a lower cost per transaction or service

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